<p>ESL Steel Limited has performed well in FY22 with Annual Hot Metal production of 1,355 kt since acquisition, up 5% YoY. Quarterly Hot Metal production grew 3% YoY to 344 kt. Margins increased 11%QQ, driven by improved market. The company has also commenced commercial production in Mar'22 from two recently acquired Iron ore mines in Orissa: "Nadidih BICO" and "Nadidih FEEGRADE".</p>

ESL Steel Limited has performed well in FY22 with Annual Hot Metal production of 1,355 kt since acquisition, up 5% YoY.